World Intellectual Property Day: 26 April

Tags: Important Days

World Intellectual Property Day is observed every year on 26 April to raise awareness about the role of patents, copyrights, trademarks and designs in our daily lives.

An Overview of the News

• The theme for World Intellectual Property Day 2023 is "Women and IP: Accelerating Innovation and Creativity". Women represent a significant pool of untapped talent, and empowering them to own intellectual property can drive innovation and creativity.

• The 2023 theme aims to highlight the importance of overcoming the challenges faced by women in the field of intellectual property and unlocking their full potential.

• Intellectual property refers to intangible assets that are generated by the mind, including literary and artistic works, designs, inventions, symbols, names and images used in commerce.

• Individuals and companies can own these non-physical assets, and intellectual property rights give them control over their creations.

History of World Intellectual Property Day

• WIPO is a specialised agency of the United Nations that promotes a fair global intellectual property system.

• The WIPO Convention was established in 1970 to bridge the gap between intellectual property and its impact on people's lives.

• World Intellectual Property Day is observed every year on 26 April to raise awareness about intellectual property rights and encourage innovation.

• WIPO aims to encourage and protect creativity and innovation.

• World Intellectual Property Day is observed globally to acknowledge the role of intellectual property in fostering innovation and creativity.

• The long-term goal of WIPO is to create a sustainable intellectual property system that benefits all stakeholders.